Income Tax (Transitional Provisions) Act 1997
CHAPTER 3
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SPECIALIST LIABILITY RULES
PART 3-25
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PARTICULAR KINDS OF TRUSTS
Division 276
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Attribution managed investment trusts
Subdivision 276-B
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Starting income year
SECTION 276-25
276-25
Starting income year
In this Division:
(a) unless paragraph (b) or (c) applies - the 2017-18 income year; or
(b) if the trustee of the trust has made a choice for the purposes of paragraph 1(1)(b) of Schedule 8 to the Tax Laws Amendment (New Tax System for Managed Investment Trusts) Act 2016 - the first income year starting on or after 1 July 2015; or
(c) if the trustee of the trust has made a choice for the purposes of subparagraph 276-10(1)(e)(i) of the Income Tax Assessment Act 1997 in respect of the 2016-17 income year - that income year.
View history note
Hide history noteIn this Division:
(a) unless paragraph (b) or (c) applies - the 2017-18 income year; or
(b) if the trustee of the trust has made a choice for the purposes of paragraph 1(1)(b) of Schedule 8 to the Tax Laws Amendment (New Tax System for Managed Investment Trusts) Act 2016 - the first income year starting on or after 1 July 2015; or
(c) if the trustee of the trust has made a choice for the purposes of subparagraph 276-10(1)(e)(i) of the Income Tax Assessment Act 1997 in respect of the 2016-17 income year - that income year.
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